Introduction

There have been some significant insolvency law reforms over the last few years. This edition of From Red to Black touches on some of the more relevant elements of the new legislation and also considers some of the practical issues being faced by insolvency practitioners in managing the insolvent estate.

This instalment covers:

Is the threat of voluntary administration credible in restructurings?
The Insolvency Practice Schedule: navigating creditors' new powers
Practical issues of private international law arising in cross-border insolvencies: An Australian law perspective
Dual officeholders and priority creditors – must payments always flow through the liquidators' hands?
Evolving directors' duties: the emerging challenge for restructuring and insolvency practitioners

As always, we would be delighted to discuss any of the issues identified in "From Red to Black" and welcome any feedback you may have.

Is the threat of voluntary administration credible in restructurings?